NL can’t afford buy-in for Husky led oil offshore project: Premier
Company is re-evaluating its operations in the province, White Rose is more than half finished while several other offshore projects are delayed.
Algonquin Power and Utilities buying majority stake in Chile’s ESSAL
Deal will make it the Ontario company’s first international water utility.
Feds invest $9.4M in Atlantic Canada tidal energy projects
Renewable energy source has the potential to reduce greenhouse gas emissions by replacing electricity generated from fossil fuels.
Enbridge wins approval to restart east leg of Line 5 pipeline
Both legs shut down in June after noticing a disturbance to an underwater anchor supporting the eastern line.
Husky asks for investment as it reviews West White Rose project
Project is under review as it deals with a one-year construction delay it implemented in March.
General Fusion awarded DOE funding partnership
Will be working with the Princeton Plasma Physics Laboratory to develop models for magnetized target fusion.
Ballard launches first zero emissions module to power ships
Aligns with aggressive targets (50% lower) for reduction of CO2 emissions in the sector by 2050.
Cleaner LNG one answer to climate change crisis: O’Regan
Hinted at investments in the electrical grid and energy efficiency programs in federal green plan.
Canada missing target to cut methane emissions by 2025
Current regulations will only achieve a 29% cut by 2025 instead of the targeted 40% to 45%.
Ontario will waste more clean electricity due to COVID-19: engineers
38.5 TWh of clean electricity wasted over the last six years shows some policy changes are required.
PetroChina, Ovintiv end joint venture, agree to split Alberta assets
Each to wind up with 13,000 barrels of oil equivalent per day and the same oil and gas reserves.
Oil sands pipeline partly closed following spill near Fort McMurray
Initial reports indicated about 550 barrels or 90,000 litres of light oil were released with no reported impacts.
Only private investment will save Canada’s economy
Generating, rather than consuming government revenues will require a profound reversal by the Trudeau government.
Calfrac says US court sides with company in fight with Wilks Brothers
Calgary well services company calls Wilks a “wolf in sheep’s clothing” whose real goal is a corporate takeover.
Trump administration finalizes coal plant pollution rollback
Utilities to use cheaper technologies and take longer to comply with pollution reduction guidelines.
Obsidian hostile takeover bid for Bonterra shows ‘frustration’
Slow pace of consolidation needed to create larger entities that would be more liquid and resilient and therefore more attractive to investors.
Alberta to outline $20B plus deficit in fiscal reckoning
Debt expected to rise to almost $77 billion by next spring and to almost $88 billion by 2023.
Canadians join lawsuit to overturn Alaska wilderness to energy drilling
The lawsuit alleges the activity will damage the calving grounds of the Porcupine caribou herd
Federal government to join assessment of Teck coal mine expansion in BC
Castle project would increase the area being mined and allow the company to maintain production of steel-making coal at 27,400 tonnes a day.
Suncor shares slip after fire interrupts Fort McMurray oil sands output
Two upgraders at the project are working at minimum rates to process strip-mined bitumen inventory.
Suncor’s Fort McMurray base plant stalled until September due to fire
Blaze in the extraction area was contained quickly, and no one was hurt.
2020’s crude price crash offers a bright spot for natural gas producers
Futures contracts have recently surged to a nearly four-year high of about $2.75 per thousand cubic feet.
Mauritius seeks compensation as oil spill cleanup continues
MV Wakashio has spilled 1,000 tons of its cargo of 4,000 tons of oil into the sea, fouling the coastline of Mauritius.
Alberta to join other provinces in exploring small nuclear technology
New Brunswick, Saskatchewan and Ontario signed a memorandum of understanding in December regarding development of small modular reactors
Court reverses order to shut down Dakota Access pipeline
The U.S. Court of Appeals for the District of Columbia Circuit sided with pipeline owner Energy Transfer to keep the oil flowing
Husky targets 25% GHG emissions intensity cut, vows to hire more female leaders
In its 2020 environmental, social and governance report, it calls for a 25% emissions per barrel reduction by 2025
Alberta, Ottawa sign deal that reduces oilsands environmental monitoring
The monitoring program funds research by outside organizations as well as government scientists
Expansion of Alberta coal mine will need federal review: environment minister
The existing Vista mine began shipping coal for export in May 2019 and the company is now looking to double, or possibly even triple, its output
Total writes off $9.3B in oilsands assets, cancels Canadian oil lobby membership
Total said it is leaving CAPP because of a “misalignment” between its public positions and those expressed in Total’s climate ambition statement
Enbridge Q2 earnings slip as revenues plunge 40% due to COVID aftermath
Enbridge was expected to report 55 cents per share in adjusted profits on $12.5 billion in revenues
Enbridge reports stronger than feared Q2 Mainline oil transport volumes
The Calgary-based company reported second quarter net income of $1.65 billion
Prolonged oil industry slump leads to third cut in Canadian drilling forecast
The Petroleum Services Association of Canada says it now expects just 2,800 wells will be drilled in Canada this year